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Suppl Ltg Dist Powerpoint LIGHTING AND LANDSCAPING DISTRICT LIGHTING AND LANDSCAPING DISTRICT ASSESSMENT DISTRICT 121 ASSESSMENT DISTRICT 121 FISCAL YEAR 2010/2011 FISCAL YEAR 2010/2011 APPROVAL OF PROPOSED ASSESSMENT RATES APPROVAL OF PROPOSED ASSESSMENT RATES ZONES 1 THROUGH 7 ZONES 1 THROUGH 7 CITY COUNCIL MEETING CITY COUNCIL MEETING June 8, 2010 June 8, 2010 LIGHTING AND LANDSCAPING DISTRICT LIGHTING AND LANDSCAPING DISTRICT NO. 121 -FISCAL YEAR 2010/2011 NO. 121 -FISCAL YEAR 2010/2011 • • Background Background –Currently 6,138 Street Lights –Currently 6,138 Street Lights • • 1,468 Owned By The City 1,468 Owned By The City • • 57 Owned By The State 57 Owned By The State • • 33 Shared With Other Cities 33 Shared With Other Cities • • 4,580 Owned By SCE 4,580 Owned By SCE –Currently 109 Traffic Signals –Currently 109 Traffic Signals • • 85 Owned By The City 85 Owned By The City • • 11 Owned By Caltrans 11 Owned By Caltrans • • 13 Shared With Adjoining Cities 13 Shared With Adjoining Cities –On-Street Landscape Maintenance –On-Street Landscape Maintenance • • Tree Planting, Maintenance and Removal Tree Planting, Maintenance and Removal LIGHTING AND LANDSCAPING DISTRICT LIGHTING AND LANDSCAPING DISTRICT NO. 121 -FISCAL YEAR 2010/2011 NO. 121 -FISCAL YEAR 2010/2011 • • Background Background –7 Zones –7 Zones • • Zone 1 –Lighting of Public Roadways Adjacent To Residential Zone 1 –Lighting of Public Roadways Adjacent To Residential Properties, Not Including Hotels and Motels Properties, Not Including Hotels and Motels • • Zone 2 –Lighting of Public Roadways Adjacent To Commercial and Zone 2 –Lighting of Public Roadways Adjacent To Commercial and Industrial Properties Industrial Properties • • Zone 3 –Lighting of Public Roadways At Intersections Including Zone 3 –Lighting of Public Roadways At Intersections Including Traffic Signals Traffic Signals • • Zone 4 –For Installation of New Lighting In Zones 1 and 2 By Zone 4 –For Installation of New Lighting In Zones 1 and 2 By Petition Petition • • Zone 5 –Lighting of Public Roadways Adjacent To Regional Zone 5 –Lighting of Public Roadways Adjacent To Regional Shopping Center Shopping Center • • Zone 6 –Lighting of Public Roadways Along Firestone Blvd. At Zone 6 –Lighting of Public Roadways Along Firestone Blvd. At West End of City West End of City • • Zone 7 (L) –Tree and Landscape Maintenance On Public Streets Zone 7 (L) –Tree and Landscape Maintenance On Public Streets LIGHTING AND LANDSCAPING DISTRICT LIGHTING AND LANDSCAPING DISTRICT NO. 121 -FISCAL YEAR 2010/2011 NO. 121 -FISCAL YEAR 2010/2011 • • Background Background –Funding –Funding • • General Property Tax on Parcels Within Each Zone General Property Tax on Parcels Within Each Zone • • Direct Assessment Levy On Parcels Within Each Zone Direct Assessment Levy On Parcels Within Each Zone • • Interest Earned From Funds Interest Earned From Funds • • Zones 3 and 7 (L) Receive Funding From Direct Assessment Zones 3 and 7 (L) Receive Funding From Direct Assessment Only Only –Determining New Assessment Rates –Determining New Assessment Rates • • Performed Each Year Taking Into Account: Performed Each Year Taking Into Account: –Additional Lights and Signals Added To Each Zone –Additional Lights and Signals Added To Each Zone –City Operating and Maintenance Costs –City Operating and Maintenance Costs –Changes In Electrical Rates –Changes In Electrical Rates –New Properties Added To Each Zone –New Properties Added To Each Zone –Landscaping Added To Zone 7 (L) –Landscaping Added To Zone 7 (L) LIGHTING AND LANDSCAPING DISTRICT LIGHTING AND LANDSCAPING DISTRICT NO. 121 -FISCAL YEAR 2010/2011 NO. 121 -FISCAL YEAR 2010/2011 • • Background Background –Changes For FY 2010/2011 –Changes For FY 2010/2011 • • 6 Residential Properties Added 6 Residential Properties Added • • 11 Commercial Properties (51 Acres) Added 11 Commercial Properties (51 Acres) Added • • Addition of Commercial Properties Will Expand Zone 2 By Addition of Commercial Properties Will Expand Zone 2 By 6.8 Percent 6.8 Percent • • Imperial Highway Phase 2 Project Imperial Highway Phase 2 Project • • Lakewood Boulevard Improvement Project Between Fifth Lakewood Boulevard Improvement Project Between Fifth Street and Florence Avenue Street and Florence Avenue LIGHTING AND LANDSCAPING DISTRICT LIGHTING AND LANDSCAPING DISTRICT NO. 121 -FISCAL YEAR 2010/2011 NO. 121 -FISCAL YEAR 2010/2011 • • Proposed Rate Changes vs. FY 2009/2010 Proposed Rate Changes vs. FY 2009/2010 –Zone 1 –No Change, No Assessment –Zone 1 –No Change, No Assessment –Zone 2 –No Change, Below Max. Assessment –Zone 2 –No Change, Below Max. Assessment –Zone 3 –No Change, At Max. Assessment –Zone 3 –No Change, At Max. Assessment –Zone 4 –Not Applicable, No Active Petitions –Zone 4 –Not Applicable, No Active Petitions –Zone 5 –No Change, No Assessment –Zone 5 –No Change, No Assessment –Zone 6 –No Change, At Max. Assessment –Zone 6 –No Change, At Max. Assessment –Zone 7 (L) –No Change, At Max. Assessment –Zone 7 (L) –No Change, At Max. Assessment LIGHTING AND LANDSCAPING DISTRICT LIGHTING AND LANDSCAPING DISTRICT NO. 121 -FISCAL YEAR 2010/2011 NO. 121 -FISCAL YEAR 2010/2011 • • Financial Impact Financial Impact –General Property Tax Funds -$692,200 –General Property Tax Funds -$692,200 –Direct Assessments -$1,031,192 –Direct Assessments -$1,031,192 –Interest Earned From Reserves -$30,000 –Interest Earned From Reserves -$30,000 –Total Funding Of $1,753,392 –Total Funding Of $1,753,392 –Zones 1 Through 6 Will Have Positive Balances At –Zones 1 Through 6 Will Have Positive Balances At The End Of FY 2010/2011 The End Of FY 2010/2011 –Zone 7 (L) Deficit Will Increase By $89,000 –Zone 7 (L) Deficit Will Increase By $89,000